TAG: co-silver
Gold, Silver, Platinum Forecasts – Gold Settled Near $2470 As Traders Waited For Additional Catalysts
GoldGold 130824 Daily ChartGold is losing some ground as traders take profits near historic highs. It should be noted that gold markets did not gain significant downside momentum as demand for gold remains strong.In case gold manages to settle above the $...
2 months ago
Will Gold Prices Hit Another All-Time High In August?
Gold Stable Ahead of Inflation Data: Fed’s Rate Hesitancy and Recession Warnings IntensifyGold prices are currently holding steady in wait-and-see mode as traders turn their attention to this week’s highly anticipated U.S Inflation figures for clues on th...
2 months ago
Silver (XAG) Daily Forecast: Prices Slide to $27.55; Descending Trendline Signals Sell
Market OverviewSilver prices (XAG/USD) continued their decline for the second consecutive day on Wednesday, trading around $27.75 and reaching an intra-day low of $27.55.This drop is mainly due to the strengthened US dollar, which gained despite softer U....
2 months ago
Gold and Silver Set for Strong Growth as Gold to Silver Ratio Nears Peak
The gold to silver ratio is an important metric in precious metals, offering valuable insights into the relative value between gold and Silver. This ratio is calculated by dividing the price of gold by the price of silver. The ratio has historically demon...
2 months ago
Silver (XAG) Forecast: Will Rate Cut Hopes Ignite a Silver Rally?
Silver Trading Flat as Market Awaits CPI ReportSilver prices remained stable on Wednesday, hovering around the $27.85 pivot point, which is currently guiding the market’s short-term direction. Unlike gold, which is nearing record highs, silver traders are...
2 months ago
Silver Price Forecast – Silver Continues to See Support
Silver Markets Technical AnalysisThe silver market has been back and forth during most of the trading session on Wednesday in the early hours, as it looks like we are at least finding buyers on dips, but whether or not we can truly take off to the outside...
2 months ago
Gold, Silver, Platinum Forecasts – Gold Retreats Amid Broad Pullback In Precious Metals Markets
GoldGold 140824 Daily ChartGold retreats as traders continue to take profits near historic highs. At this point, it looks that the market needs more catalysts to test the $2500 level.If gold settles below $2445, it may gain additional downside momentum an...
2 months ago
Silver (XAG) Daily Forecast: Closing in on $27.75—Can It Surge to $28.50?
Market OverviewSilver (XAG/USD) has rebounded, reaching an intraday high of around $28. This rally is driven by expectations of a September Fed rate cut, which weakens the US dollar and supports silver prices.Meanwhile, ongoing geopolitical tensions in th...
2 months ago
Silver (XAG) Forecast: Eyes on $29.21 as Retail Sales Data Looms – Market Analysis
Silver Prices Hovering Near Key Pivot Point as Market Awaits Economic DataSilver prices are showing resilience on Thursday, trading above a key short-term pivot at $27.85. This level is crucial as investors anticipate a potential move towards the 50-day m...
2 months ago
Silver Price Forecast – Silver Continues to See Buyers
Silver Markets Technical AnalysisThe silver market rallied significantly to the upside on Thursday, as we slammed into the $28.50 level. The $28.50 level has been significant support and resistance more than once, and therefore a lot of market memory come...
2 months ago
Silver Flashed the Signal Again!
Silver Signals Weakness Despite Short-Term StrengthThe above is probably something that you might be thinking. And while I can’t tell with certainty (nobody can), there are a few signs suggesting that the top is in or at hand, depending on what part of th...
2 months ago
Gold, Silver, Platinum Forecasts – Gold Climbed Back Above $2450
GoldGold 150824 Daily ChartGold gains ground as traders buy the dip. Rising Treasury yields and stronger dollar did not put any pressure on gold markets.From the technical point of view, gold consolidates below historic highs, which means that a breakout...
2 months ago
Silver (XAG) Daily Forecast: Hovering at $28.20—Triangle Breakout Signals a Buy
Market OverviewSilver prices (XAG/USD) are under pressure, trading around $28.19 after an intra-day low of $28.09. This decline is primarily due to easing US recession fears and a broader risk-on sentiment, reducing the appeal of safe-haven assets like si...
2 months ago
Silver Price Forecast – Silver Continues to Threaten The Same Level
Silver Markets Technical AnalysisThe silver market has pulled back from the crucial $28.50 level, an area that has been important more than once. Because of this, it’s not a huge surprise to see that perhaps we may have to take a little bit of a breather...
1 month ago